Syensqo rises on Q2 earnings beat, 2026 outlook edge-up

Syensqo NV

30/07/2026 08:35

** Shares in Belgian chemical company Syensqo SYENS.BR jump 7.6%, paring gains after rising as much as 9.3%, after the firm reported better-than-expected Q2 results and upgrades its 2026 outlook.
** "2Q beat and FY upgrade also implies 2H consensus upgrade, which has been a rarity in the sector," says J.P. Morgan
** The group posted second-quarter underlying EBITDA of €311 million ($355.94 million), above the €292 million expected by analysts polled by the company, and edged up its 2026 adjusted EBITDA guidance to at least 1.1 billion euros
** "Syensqo’s 2Q print and updated outlook should clear an elevated buy-side bar," says the broker
** "We expect share price support," says Jefferies 
     
($1 = 0.8737 euros)

(Reporting by Dimitri Rhodes)
(( Dimitri.Rhodes@thomsonreuters.com))